Azerbaijan: Southern Gas Corridor (EBRD-48376)

Countries
  • Azerbaijan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 18, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Southern Gas Corridor Closed Joint Stock Company
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
  • Energy
  • Infrastructure
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 8,600.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Campaign Documents
Other Related Projects
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 15, 2023

Disclosed by Bank Aug 4, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

This project finances the construction of the Trans-Anatolian Natural Gas Pipeline, which is a 1,850 km main high pressure gas pipeline. This project is part of the Southern Gas Corridor. The proposed project will be built from the Turkey/Georgia border to the Turkey/Greece border to supply gas to Turkey and Europe.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Elmir Musayev
elmir.musayev@sgc.az
+994 12 521 3091
Business opportunities

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

EBRD Baku Resident Office, Azerbaijan
90A Nizami Street,
Landmark III, AZ1010,
Baku,
Tel: (+99412) 497 10 14
Fax: (+99412) 497 10 19

EBRD Istanbul Resident Office, Turkey
Buyukdere Caddesi, 185
Kanyon Ofis Binasi, Kat: 2
Levent
34394 Istanbul
Turkey
Email: RO-Istanbul@ebrd.com
Tel: +90 212 386 1100
Fax: +90 212 386 1199

EBRD Ankara Resident Office, Turkey
Eskisehir Yolu, No: 6
Armada Is Merkezi Kat: 4
Sogutozu 06520
Ankara
Email: RO-ankara@ebrd.com
Tel: +90 312 205 59 60 - 63
Fax: +90 312 205 59 70

Mr. Barbaros Hasan TOSUN
Social Impact Manager
E-mail: barbaros.tosun@tanap.com
Office Phone: 0312 999 1059

TANAP Natural Gas Transmission Company
Phone: 0312 999 11 11
Fax: 0312 287 11 10

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.

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